Secure Infrastructure for Multi-Party Electronic Contract Isolation
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Solution Overview
Problem
The challenge lies in ensuring legal security and isolation between contract partners in electronic contracts involving multiple parties, particularly in preventing fraudulent activities and compliance with laws like the Sherman Antitrust Act, which require separation between hardware and service contract entities.
Innovation Solution
A secure computer infrastructure system that receives and creates contract information for both hardware and service contracts, secures the service contract to prevent access by the hardware partner, and requests approval and execution from the appropriate parties, ensuring isolation and legal compliance through 128-bit encryption and authentication.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Productivity
If multiple contract partners are involved in electronic contracts, then contract execution efficiency is improved, but legal security and isolation between contract partners deteriorates
Solution Approach 1:
The system segments contract information into separate contract objects, where each contract (hardware contract, service contract) is stored as an independent entity with its own access controls. This allows multiple contract partners to execute contracts efficiently while maintaining legal security through structural separation of contract data and access permissions.
Solution Approach 2:
The system introduces an intermediary security layer that manages access between contract partners. The security mechanism acts as a mediator that controls which contract partners can access which contract information, enabling efficient multi-party execution while preserving legal isolation through controlled access pathways.
2Ease of operation
If contract information is accessible to all parties, then ease of operation is improved, but fraud risk increases
Solution Approach 1:
The system applies local quality by assigning different access permissions to different contract partners based on their specific roles and needs. Each contract partner receives appropriate access rights to specific contract information without unnecessary exposure, making operation easy for authorized users while minimizing fraud risk through restricted access to sensitive data.
3Reliability
If contract partners are isolated from each other's contracts, then legal compliance is improved, but system complexity increases
Solution Approach 1:
The system achieves universality by implementing a unified security framework that handles isolation requirements for multiple contract partners simultaneously. The same security mechanisms and access control structures serve all contract relationships, maintaining legal compliance across diverse multi-party scenarios without proportionally increasing system complexity.
Data Source
AI summary
Under the present invention, contract information corresponding to a first contract between a first contract partner and a customer, and contract information corresponding to a second contract between a second contract partner and the customer is received within a secure computer infrastructure. Based on the contract information, the first and second contracts are created. To provide desired isolation and security, the second contract is secured to prevent access thereof by the first contract partner. Then, approval and execution for both contracts is requested from the appropriate parties.